Looking at the universe of stocks we cover at Dividend Channel, on 9/11/14,
As a percentage of SBR's recent stock price of $55.90, this dividend works out to approximately 0.68%, so look for shares of Sabine Royalty Trust to trade 0.68% lower — all else being equal — when SBR shares open for trading on 9/11/14. Similarly, investors should look for EXR to open 0.87% lower in price and for RESI to open 2.22% lower, all else being equal.
Below are dividend history charts for SBR, EXR, and RESI, showing historical dividends prior to the most recent ones declared.
Sabine Royalty Trust (NYSE: SBR):
In general, dividends are not always predictable, following the ups and downs of company profits over time. Therefore, a good first due diligence step in forming an expectation of annual yield going forward, is looking at the history above, for a sense of stability over time. This can help in judging whether the most recent dividends from these companies are likely to continue. If they do continue, the current estimated yields on annualized basis would be 8.19% for Sabine Royalty Trust, 3.48% for Extra Space Storage Inc, and 8.90% for Altisource Residential Corp.
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In Tuesday trading, Sabine Royalty Trust shares are currently down about 0.2%, Extra Space Storage Inc shares are down about 0.5%, and Altisource Residential Corp shares are off about 1.3% on the day.
